The price of a 50kg locally produced cement pack will be reduced by Rs.100 from Monday due to the reduction of VAT and PAL taxes.
State Minister of Trade Anura Priyadarshana Yapa told Times Online adding that the government informed the reduction in taxes to cement companies during a discussion held today (Dec 14).
He said that the reduction in price is expected to benefit the construction industry.
(Reporting by Damith Wickremasekara)
Tamar Amitai, a 25-year-old Israeli tourist who went missing in Uppuveli, Trincomalee, was found safe after a three-day joint search operation today.
President Ranil Wickremesinghe is firm about the President’s five-year tenure, the President’s Media Division (PMD) said.
Individuals who have obtained a Taxpayer Identification Number (TIN) yet do not meet the cutoff, can choose to remain tax exempt after notifying the IRD in writing, provided that their monthly income does not surpass the threshold, according to the State Minister of Finance Ranjith Siyambalapitiya.
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